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Santos Otilia
Santos is very happy and feels very satisfied because thanks to COMIXMUL's financial support she was able to purchase seven quintals of fertilizer, eight of urea, and three liters of Nutricafe plant nutrients, which she applied to her coffee crops. These products allowed her to keep the plants and beans healthy.

Recently Santos planted a new crop of coffee plants on a plot of land. She expects excellent results from it at the end of the season, as well as from her older plants, which are currently blooming.

That is why she is again today requesting support through a second loan, which she will again use to buy farming supplies to help her care for her 5,000 new coffee plants as well as the older ones. This will allow her to avoid them getting infected with coffee rust, which would lay all the work she has done so far to waste. She is hopeful that she will get this new loan.
View original language description ↓
Doña Santos se encuentra muy feliz y muy satisfecha porque gracias al apoyo financiero brindado por la cooperativa COMIXMUL ella pudo asistir sus cultivos de café logrando comprar 7 quintales de fertilizantes, 8 quintales de urea y 3 litros de nutricafe con lo que pudo aplicar a sus cultivos manteniendo sanas las plantas y el grano. En la actualidad Doña Santos sembró una parcela de tierra con nueva plantilla de café de la cual espera al final de la temporada excelentes resultados al igual que con la planta vieja la cual está floreciendo y por lo tanto hoy nuevamente solicita pueda ser apoyada con un segundo financiamiento con el cual comprara nuevamente insumos agrícolas para dar asistencia a 5000 plantillas nuevas de café y al cultivo viejo el cual está floreciendo evitando de esta manera pueda ser contagiada por la roya y perder el trabajo realizado por la falta de insumos teniendo la fe y la esperanza de que sea poyada en este nuevo financiamiento.

Additional Information

More information about this loan

These loans are designed for female farmers who produce a variety of products (onion, garlic, eggplant, spinach, mango, strawberries, etc.). Loan terms will vary depending on need, and borrowers can choose to make a "bullet" payment timed with harvest profits. Agricultural loans are considered risky in Honduras due to external forces like unpredictable weather and worldwide crop prices. As a result, many traditional financial institutions are unwilling to offer these loans. With Kiva funding, COMIXMUL will be able to reach more borrowers with agricultural loans tailored to their needs.

About Honduras

  • $4,200
    Average annual income
  • 19
    View loans »
    Honduras Loans Fundraising
  • $8,201,950
    Funds lent in using Kiva
  • 19.2
    Honduras Lempiras (HNL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,050 helped Santos Otilia to buy farming supplies for her coffee plantation.
0% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 24, 2014
Listed
Apr 11, 2014
Currency Exchange Loss:
Possible